Altair Resources Financials
| AVX Stock | CAD 0.01 0.00 0.00% |
Short Ratio 0.23 |
Altair | Select Account or Indicator |
Understanding current and past Altair Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altair Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Altair Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Altair Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Altair Resources. Check Altair Resources' Beneish M Score to see the likelihood of Altair Resources' management manipulating its earnings.
Altair Resources Stock Summary
Altair Resources competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Altair Resources Inc., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. Altair Resources Inc. was founded in 2005 and is headquartered in Vancouver, Canada. ALTAIR RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.| Foreign Associate | USA |
Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA02137W2004 |
| Business Address | 1090 West Georgia |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.altairresources.com |
| Phone | 604 685 9316 |
| Currency | CAD - Canadian Dollar |
You should never invest in Altair Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Altair Stock, because this is throwing your money away. Analyzing the key information contained in Altair Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Altair Resources Key Financial Ratios
There are many critical financial ratios that Altair Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Altair Resources reports annually and quarterly.| EBITDA | (387.42 K) | ||||
| Net Income | (444.13 K) | ||||
| Total Asset | 7.7 K | ||||
| Retained Earnings | (24.81 M) |
Altair Resources Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 10.3K | 40.7K | 60.6K | 10.0K | 7.7K | 7.3K | |
| Net Tangible Assets | (642.3K) | (1.2M) | (1.2M) | (1.7M) | (1.5M) | (1.4M) | |
| Retained Earnings | (20.4M) | (20.7M) | (23.8M) | (24.4M) | (24.8M) | (26.0M) | |
| Accounts Payable | 736.3K | 1.0M | 456.8K | 1.1M | 1.3M | 1.3M | |
| Cash | 906.0 | 21.8K | 14.4K | 5.0K | 572.0 | 543.4 | |
| Net Receivables | 2.7K | 9.4K | 8.1K | 7.0K | 6.3K | 10.3K | |
| Total Liab | 1.2M | 1.3M | 1.7M | 2.0M | 2.4M | 2.6M | |
| Total Current Assets | 10.3K | 40.7K | 55.6K | 10.0K | 7.7K | 7.3K | |
| Common Stock | 15.2M | 15.5M | 15.8M | 18.2M | 20.9M | 14.5M | |
| Net Invested Capital | (1.2M) | (1.2M) | (1.7M) | (2.0M) | (2.4M) | (2.3M) | |
| Net Working Capital | (1.2M) | (690.1K) | (1.7M) | (2.0M) | (2.4M) | (2.3M) | |
| Capital Stock | 15.5M | 15.8M | 18.2M | 18.5M | 21.3M | 18.7M |
Altair Resources Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 4.4K | 35.1K | 28.3K | 36.1K | 32.1K | 33.7K | |
| Selling General Administrative | 399.5K | 371.1K | 1.6M | 389.4K | 330.9K | 314.4K | |
| Operating Income | (727.2K) | (371.1K) | (1.7M) | (532.6K) | (407.2K) | (427.6K) | |
| Net Income From Continuing Ops | (598.9K) | (288.3K) | (3.1M) | (613.7K) | (444.1K) | (466.3K) | |
| Ebit | (2.1M) | (384.6K) | (338.4K) | (2.9M) | (2.6M) | (2.7M) | |
| Total Operating Expenses | 727.2K | 371.1K | 1.7M | 532.6K | 407.2K | 386.9K | |
| Income Before Tax | (598.9K) | (288.3K) | (3.1M) | (613.7K) | (444.1K) | (466.3K) | |
| Total Other Income Expense Net | 133.2K | 118.2K | (1.4M) | (43.5K) | (3.5K) | (3.7K) | |
| Net Income Applicable To Common Shares | (2.1M) | (598.9K) | (288.3K) | (3.1M) | (2.8M) | (2.9M) | |
| Net Income | (598.9K) | (288.3K) | (3.1M) | (613.7K) | (444.1K) | (466.3K) | |
| Net Interest Income | (4.9K) | (35.4K) | (31.7K) | (37.6K) | (33.4K) | (31.8K) | |
| Ebitda | (592.9K) | (253.3K) | (3.1M) | (577.6K) | (664.3K) | (697.5K) |
Altair Resources Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (24.2K) | 20.8K | (7.4K) | (9.3K) | (4.4K) | (4.7K) | |
| Net Income | (598.9K) | (288.3K) | (3.1M) | (613.7K) | (444.1K) | (466.3K) | |
| Change To Netincome | (22.9K) | 218.3K | 47.0K | 306.2K | 352.1K | 220.2K | |
| End Period Cash Flow | 906.0 | 21.8K | 14.4K | 5.0K | 572.0 | 543.4 | |
| Free Cash Flow | (73.2K) | (215.0K) | (1.1M) | (119.4K) | (159.3K) | (167.2K) |
Altair Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altair Resources's current stock value. Our valuation model uses many indicators to compare Altair Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altair Resources competition to find correlations between indicators driving Altair Resources's intrinsic value. More Info.Altair Resources is rated below average in return on asset category among its peers. It is rated fifth in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Altair Resources' earnings, one of the primary drivers of an investment's value.Altair Resources Systematic Risk
Altair Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altair Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Altair Resources correlated with the market. If Beta is less than 0 Altair Resources generally moves in the opposite direction as compared to the market. If Altair Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altair Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altair Resources is generally in the same direction as the market. If Beta > 1 Altair Resources moves generally in the same direction as, but more than the movement of the benchmark.
Altair Resources Total Assets Over Time
Altair Resources Thematic Clasifications
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Additional Tools for Altair Stock Analysis
When running Altair Resources' price analysis, check to measure Altair Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Resources is operating at the current time. Most of Altair Resources' value examination focuses on studying past and present price action to predict the probability of Altair Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Resources' price. Additionally, you may evaluate how the addition of Altair Resources to your portfolios can decrease your overall portfolio volatility.